Are you equipped to make fast, effective decisions and protect your business from internet crime?We just wrapped up a thought-provoking conversation with Dylan Evans on the latest episode of Schmidt List, where we tackled the intricacies of decision-making in business and the ever-evolving challenges of cybersecurity.In this episode:Amazon's strategy of minimal coordination 🔄 and how it faces challenges like single points of failure.The reality of cyber threats 💻, including ransomware that demands cryptocurrency, and the tools and strategies to prevent such digital extortion.How security measures are advancing 🛡️, requiring more than just traditional methods, and why continuous education and smart processes are your best line of defense.🔑 Key Takeaways:Empowering line workers with decision-making accountability can lead to more agile and effective outcomes.An integrated approach to security—including AI, financial process engineering, and real-time awareness—can significantly reduce the incidence and impact of ransomware attacks.Don't lag on your digital hygiene: Implement tools like password managers (Bitwarden, LastPass, One Password) and hardware tokens (YubiKey) for an extra layer of security.To hear the full conversation and gain deeper insights into protecting your business, tune in to this episode of Schmidt List!🔗 And for those looking to fortify their operations against cybercrime, Dylan Evans offers a wealth of knowledge. Connect with him on LinkedIn or check out Simple Salt for invaluable resources.Become a supporter of this podcast: https://www.spreaker.com/podcast/schmidt-list-business-insights--2664825/support.

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